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smart ideas for your business custom incentiVe early commitment option worksheet

Program Year 5: June 1, 2012 through May 31, 2013 All applications for custom incentives require a Pre-Approval Application.

use this worksheet to apply for a custom incentiVe of 6 per kwh saVed
The early commitment incentive option provides a firm commitment to an incentive amount upon approval of the Pre-Approval Application. Once approved by the Smart Ideas staff, the incentive amount will not change as long as the project has been verified as installed and commissioned. The committed-to incentive will be paid based on submittal of a final application at project completion, verified installation and commission of the measures as set forth in the scope, and execution of measurement and verification plan. Note: To qualify for this option, projects must reduce energy consumption by a minimum of 500,000 kWh. All lighting projects must be submitted using the Indoor or Outdoor Lighting Incentives Worksheets.

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submit pre-approVal application with requested documentation receiVe approVal letter with approVed incentiVe amount; sign and return customer agreement purchase and install new equipment submit final application and supporting documentation for incentiVe

The early commitment option provides incentive funding certainty once an application is approved. Incentives will be paid after successful completion of the project has been verified by ComEds Smart Ideas for Your Business and will not be subject to change based on actual kWh savings. Payment of the incentive is based on the following: Receipt of a final application when the project is complete Site inspections by program staff to verify project completion Review of invoices for purchased and installed equipment Execution of the measurement and verification plan However, the incentive amount may change in the following circumstances: There is a change in the scope of the project The project as described in this application does not match the completed project If there is any change in the project scope or timeline, contact the Smart Ideas team immediately. You will be asked to describe the changed scope in writing, and a revised customer agreement letter may need to be issued and signed. Please note: Under no circumstances will ComEds Smart Ideas for Your Business program award incentive payments for verified energy savings in excess of the incentive requested in the proposal, nor will incentives be awarded that exceed 50 percent of the actual cost of the project (or 100 percent of the incremental cost) as verified by invoices.

CUSTOM INCENTIVE EARLY COMMITMENT OPTION WORKSHEET


Program Year 5: June 1, 2012 through May 31, 2013

DIRECTIONS: Please save this form to your computer before entering text and numbers. The worksheet will automatically

calculate incentives for you, but it requires Adobe Reader version 8.0 or later to function properly. Download the most recent version of Adobe Reader at http://get.adobe.com/reader. Facility Data The project will be (please select all that apply): q New equipment q Replacement of existing equipment Is the existing equipment operational? q Yes q No Was this project identified in a ComEd Retro-Commissioning Study? q Yes q No Please check all systems that apply to the project: q Compressed Air q Industrial Refrigeration q Process Cooling Year of construction: Total conditioned area (sq. ft.): Peak demand (kW): Facility electric account information: Project Description Please provide a description of the proposed project with the impact on the facility. Please include: How project was identified (e.g. energy audits, planned maintenance upgrades, efficiency management plan) A description of other energy efficiency opportunities explored Whether the completion of this project could lead to similar projects if this project is implemented successfully q Commercial Refrigeration q Process Heating q HVAC Number of floors: Percent currently occupied: Month of peak demand: Total floor area (sq. ft.): Total energy use (kWh/yr): q Geothermal q Energy Management Systems

q Other: _____________________________________________________________________________________________________________

Company Name:

custom incentiVe early commitment option worksheet


Program Year 5: June 1, 2012 through May 31, 2013 Project Impacts Please provide a summary of the project economics. Note: Qualified projects must reduce total annual energy consumption of the facility by a minimum of 500,000 kilowatt-hours (kWh). You must provide simple payback for evaluation. Additional economic factors such as ROI, discounted payback, or life-cycle cost should be represented if this is the methodology the customer uses to evaluate economic potential. If the project includes multiple elements, please provide a summary of savings and economic results for each individual measure. If you need more tables, please attach a separate sheet.

The total energy savings and project economics are shown below.

saVings
Electricity Demand Peak Demand

quantity

unit

cost saVings ($)

total $ 0.00 project cost $ simple payback

The energy savings and project economics for ___________________________ are shown below.

saVings
Electricity Demand Peak Demand

quantity

unit

cost saVings ($)

total $ 0.00 project cost $ simple payback

The energy savings and project economics for ___________________________ are shown below.

saVings
Electricity Demand Peak Demand

quantity

unit (kwh)

cost saVings ($)

total $ 0.00 project cost $ simple payback

custom incentiVe early commitment option worksheet


Program Year 5: June 1, 2012 through May 31, 2013 Current Conditions Provide an overview of the current condition of the affected equipment and a description of the proposed change(s). Document the following aspects for each measure: aseline Operation If the as-found equipment and operation is the baseline, then so state and define the baseline equipment, B capacity, loads, operating schedule, efficiency and controls. If the baseline is different from the as-found conditions, state the reason why the baseline used is different than the as-found equipment and operation and define the baseline equipment, capacity, loads, operating schedule, efficiency and controls. aseline Demand and Energy Use Determine the baseline energy use using calculations and metered data as necessary. B Explain methodology and calculations for each measure analyzed. The average baseline peak electric demand (kW/month) is the average of the peak monthly demand from January to December for the baseline equipment and operation.

custom incentiVe early commitment option worksheet


Program Year 5: June 1, 2012 through May 31, 2013 Proposed Efficiency Improvements Provide an overview of the proposed energy efficiency improvement(s) of the affected equipment. Document the following aspects for each measure: roposed Operation Define the proposed equipment, capacity, loads, operating schedule, efficiency and controls and how the P proposed changes will improve the energy performance of the affected equipment or system roposed Demand and Energy Use Describe the methodology and engineering data used to calculate the energy use of the P equipment proposed in the Project Impacts section. Show the methodology and calculations used for each measure analyzed. The average proposed peak electric demand (kW/month) is the average of the peak monthly demand from January to December for the proposed equipment and operation. eak Electric Demand Savings Estimate Describe the methodology and engineering data used to calculate the energy use P of the equipment proposed in the Project Impacts section. The peak electric demand is the electric demand savings as seen at the customer meter/monthly bill which is coincident with ComEds peak usage. The average peak electric demand savings (kW/month) should be the average of the peak monthly demand savings from January to December.

CUSTOM INCENTIVE EARLY COMMITMENT OPTION WORKSHEET


Program Year 5: June 1, 2012 through May 31, 2013 Project Timeline Please attach a project schedule that shows: Management and budget approval dates (planning) Schematic design phase Design development phase Equipment delivery and installation Vendor contract negotiations Implementation Commissioning (if necessary) and start-up

Estimate of Savings Attach an estimate of the electrical demand and energy savings for the proposal, with all the equations and assumptions clearly stated. Estimates of savings include a detailed examination of the baseline energy use and projected energy and demand reductions, as well as a plan for verification of savings after project completion. Energy estimation tips: The use of electronic spreadsheets is encouraged Documentation of a baseline condition is required Include all formulas used and break calculations into easy-to-follow steps Document any inputs, reports, or assumptions used during calculations Explain any software used for estimations and any inputs used for simulations Attach any manufacturers spec sheets, vendor estimates, or electrical metering used to determine energy usage

Incentive Calculation Estimated Project Cost (internal labor costs are not to be included): Estimated Annual kWh Savings: Estimated Annual Electric Savings (in Dollars): Annual Operating Hours: Simple Payback Period (maximum allowable payback is 7 years):

REQUESTED INCENTIVE @ $0.06 per kWh REDUCED ANNUALLY: $ 0.00


Incentive cannot exceed 100 percent of the incremental measure cost and 50 percent of the total project cost and must meet all program terms and conditions.

Smart Ideas is funded by ComEd customers in compliance with Illinois Public Act 95-0481. Commonwealth Edison Company, 2012

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